BNP Paribas Financial Markets Grows Position in Invesco S&P SmallCap Momentum ETF $XSMO

BNP Paribas Financial Markets increased its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 272.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 261,000 shares of the company’s stock after buying an additional 190,985 shares during the period. BNP Paribas Financial Markets’ holdings in Invesco S&P SmallCap Momentum ETF were worth $18,795,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in XSMO. Capstone Wealth Management Group LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 138.0% during the first quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock worth $2,928,000 after buying an additional 27,061 shares during the period. Focus Partners Wealth purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the first quarter worth approximately $539,000. Cerity Partners LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the second quarter worth approximately $818,000. Raymond James Financial Inc. increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 154.4% during the second quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock worth $70,302,000 after buying an additional 627,318 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 7.6% during the second quarter. Ameriprise Financial Inc. now owns 9,414 shares of the company’s stock worth $640,000 after buying an additional 665 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO stock opened at $86.09 on Friday. The company’s 50 day moving average price is $84.03 and its 200 day moving average price is $78.66. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $65.31 and a fifty-two week high of $89.40. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 19.29 and a beta of 1.09.

Invesco S&P SmallCap Momentum ETF Company Profile

The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.